First American Title Launches Reimagined AgentNet® Technology Platform for Title Agents
October 14 2024 - 6:00AM
Business Wire
—Platform provides a single, easy-to-use
home for the products and services First American title agents
value most, organized to complement their businesses
operations—
First American Title Insurance Company, a leading
provider of title insurance and settlement services and the largest
subsidiary of First American Financial Corporation (NYSE: FAF),
today announced the launch of a reimagined AgentNet®, a technology
platform that delivers the products and services First American
title agents value most in a single, easy-to-use platform. Building
on the strengths of the existing AgentNet® application, the new
platform’s intuitive navigation allows title agents to easily
access business-critical tools and reduces the complexity often
associated with multiple systems.
“Our title agents wanted a simplified way to access our
industry-leading tools that complements how they operate their
businesses, so we completely reinvented AgentNet based on their
feedback and our deep understanding of their needs," said Stephen
Vincini, president of First American Title’s Agency Division.
“AgentNet provides our title agents with the tools they find most
valuable in a platform that is straightforward and simple to use,
so they can deliver the certainty and trust needed to power
seamless real estate transactions for their customers and grow
their businesses.”
At launch, the AgentNet platform will initially feature three
sets of products and services:
- AgentNet® Services is the digital storefront for First
American Title’s products and services that paves the way for
seamless title transactions, with a time-saving order entry
process, flexible report and remit options, and real-time order
insights that will soon include proactive fraud alerts. AgentNet
Services also includes solutions to support time-sensitive and
complex transactions and instant access to back office services and
title experts whenever they’re needed.
- AgentNet® Knowledge is a one-stop destination for First
American Title’s underwriting guidance, education, and CE/CLE
training courses. More than just a repository of information,
AgentNet Knowledge provides title agents with First American
Title’s industry-leading underwriting expertise, from bulletins and
forms to cybersecurity and fraud prevention resources, delivering a
best-in-class experience that sets the foundation for AI
capabilities.
- AgentNet® Production, a brand new product, is a
comprehensive, cloud-based title and escrow closing solution
designed to simplify real estate closings from order origination
through post-closing. Its intuitive navigation caters to all
experience levels, from new hires to high performers. The
web-based, work-from-anywhere software supports basic transactions
and can be customized for more complex, multi-state title agency
business models with more advanced functional needs, including
supporting transactions involving other underwriters besides First
American Title.
AgentNet Marketing and AgentNet Finance Coming Soon
Designed to continually evolve to meet the needs of title
agents, the AgentNet platform will expand in the months ahead to
include additional sets of products and services, including
AgentNet Marketing, featuring access to a full library of
ready-to-go online and printed materials, and AgentNet Finance,
offering technology-forward financial products developed
specifically for title and escrow agents, including banking
relationships and trust accounting services that protect business
operations and help meet compliance requirements.
Simple to navigate and use, the reimagined AgentNet is designed
to be the only name title agents need to remember for
industry-leading title technology. For more information about the
AgentNet platform or product suite, contact a First American sales
representative or visit FirstAm.com/AgentNet.
About First American Title Insurance Company
First American Title Insurance Company, the largest subsidiary
of First American Financial Corporation (NYSE: FAF), traces its
history to 1889. One of the largest title insurers in the nation,
the company offers title services through its direct operations and
an extensive network of agents throughout the United States and
abroad. First American Title provides comprehensive title insurance
coverage and professional services for real estate purchases,
construction, refinances and equity loans. For more information,
visit www.firstam.com/title.
About First American
First American Financial Corporation (NYSE: FAF) is a
premier provider of title, settlement and risk solutions for real
estate transactions. With its combination of financial strength and
stability built over more than 135 years, innovative proprietary
technologies, and unmatched data assets, the company is leading the
digital transformation of its industry. First American also
provides data products to the title industry and other third
parties; valuation products and services; mortgage subservicing;
home warranty products; banking, trust and wealth management
services; and other related products and services. With total
revenue of $6.0 billion in 2023, the company offers its products
and services directly and through its agents throughout the United
States and abroad. In 2024, First American was named one of the 100
Best Companies to Work For by Great Place to Work® and Fortune
Magazine for the ninth consecutive year, and named one of the 100
Best Workplaces for Innovators by Fast Company for the second
consecutive year. More information about the company can be found
at www.firstam.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20241014488574/en/
Media Contact: Marcus Ginnaty Corporate Communications
First American Financial Corporation (714) 250-3298
Investor Contact: Craig Barberio Investor Relations First
American Financial Corporation (714) 250-5214
First American (NYSE:FAF)
Historical Stock Chart
From Nov 2024 to Dec 2024
First American (NYSE:FAF)
Historical Stock Chart
From Dec 2023 to Dec 2024